This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.Need a new registration confirmation email? Click here

Trina Solar Stock Soars (TSL)

NEW YORK (
TheStreet) -- Shares of
Trina Solar (NYSE:
TSL) have taken a tremendous swing upward. The stock is trading at $11.11 as of 11:45 a.m. ET, 20.4% above Wednesday's closing price of $9.23. Volume is at nine million, 3.1 times the daily average of 2.9 million.

Trina Solar has a market cap of $627.3 million and is part of the
technology sector and
electronics industry. Shares are up 38.2% year to date as of the close of trading on Wednesday.

Trina Solar Limited, through its subsidiaries, designs, develops, manufactures, and sells photovoltaic (PV) modules worldwide. The company has a P/E ratio of two, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Trina Solar as a
hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full
Trina Solar Ratings Report.